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What you can start doing about MTD for ITSA now

What you can start doing about MTD for ITSA now

by Georgi Rollings | 18th October 2022 | Landlords, Making Tax Digital, Self assessment, Sole trader, Start ups, Xero

Despite the current chaos in government all signs point towards Making Tax Digital for Income Tax Self Assessment – or the snappily named MTD for ITSA – going ahead from April 2024 as planned. Scarily that is now less than 18 months away. As accountants we...
Mini Budget – what you need to know

Mini Budget – what you need to know

by Georgi Rollings | 23rd September 2022 | Corporation tax, Self assessment

Happy Friday – today’s mini budget from Kwasi Kwarteng is the biggest tax cutting bonanza since 1972.  Being born slightly later than that, it is officially the biggest set of tax cuts in my lifetime.  Goodness only knows how the country is going to afford...
Save Money with the Cycle to Work Scheme

Save Money with the Cycle to Work Scheme

by Juliet Wylie | 2nd August 2022 | Being an employer, Limited company, Sustainability

Times are hard.  We all feel that we are getting less for our hard-earned cash. Fuel costs are at record levels and inflation is expected to hit 11% in the autumn.  And on top this we are all braced for October when the energy price cap increases again.  Money is...
What are the benefits of filing my tax return early?

What are the benefits of filing my tax return early?

by Georgi Rollings | 23rd May 2022 | Landlords, Self assessment, Sole trader

You’re busy juggling all the different responsibilities of running your own business. Filing your tax return is on your to-do list but somehow, someway, it keeps getting put off. We’ve all left something until the last minute. You have a lot on your plate, and it’s...
Business year end planning

Business year end planning

by Juliet Wylie | 11th March 2022 | Business Planning, Corporation tax, Limited company, Self assessment, Sole trader, Tips and Tricks

So, you filed your tax return in time and are feeling pretty smug!  Nearly a whole year until you need to think about your finances!  Think again.  Whether you are a sole trader or a director of a limited company there are a few things that you should be thinking...
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